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Tax Exemption for Co-op banks may come up::

   19 February 2008 at 19:52

Income generated from agricultural advances by state cooperative banks and district central cooperative banks is likely to be exempted from tax from 2008-09. The finance ministry is considering a proposal to this effect in order to boost farm sector

Posted in Income Tax |   3624 Views


Gratuity - a Right not Bounty

   16 February 2008 at 11:34

Gratuity - a Right not Bounty The Supreme Court has ruled that, Gratuity is an inalienable right of an employee and not a bounty or reward that is offered by the management, A Bench of Justices S B Sinha and H S Bedi said that when a benefit is

Posted in Income Tax |   6255 Views


Bhave will head Sebi

   16 February 2008 at 10:12

The new head of India's stock market regulator is the first person with a background in stock market regulation to be named to the position and while some experts say he is just the man for the job, others point to the significant challenges he will

Posted in Shares & Stock |   5487 Views


Empanelment date extended to 22nd Feb 08 : C&AG

   15 February 2008 at 17:36

OFFICE OF THE COMPTROLLER & AUDITOR GENERAL OF INDIA 10, Bahadur Shah Zafar Marg, New Delhi-110124. Updation of data for empanelment by the Chartered Accountant firms for the year 2008-2009The Chartered Accountant firms who had applied for empanelme

Posted in Audit |   6051 Views


'Management accountants ensure integrity'

   14 February 2008 at 13:42

February, 12th 2008 Management accountants are the conscious keepers of an organisation, says Charles Tilley, chief executive officer, Chartered Institute of Management Accountants (CIMA), UK. In conversation with Rayana Pandey

Posted in Others |   5253 Views


CBDT Press Release - e-Tds

   14 February 2008 at 13:27

No.402/92/2006-MC (10 of 2008) Government of India / Ministry of Finance Department of RevenueCentral Board of Direct Taxes*** New Delhi dated the 12th February 2008 PRESS RELEASE  All  tax  deductors  / &

Posted in Income Tax |   7929 Views


C B Bhave leads race for SEBI Chairman

   14 February 2008 at 12:12

C B Bhave leads race for SEBI ChairmanC B Bhave, chairman and managing director of National Securities Depository Ltd (NSDL has emerged frontrunner to become SEBI chairman . After being in-charge of the secondary market department as one of the two s

Posted in Others |   3477 Views


Budget allocation for minorities to double

   13 February 2008 at 21:34

Budget allocation for minorities todouble  In what is likely to be fodder for the Opposition BJPbefore the elections, the coming Union Budget is likely to double theallocation for minorities' welfare schemes. Sources said the focus on

Posted in Income Tax  1 comments |   2823 Views


Costing Standards and Cost Audit to be Reviewed:Experts

   13 February 2008 at 21:34

Costing Standards and Cost Audit to be Reviewed:Experts Reviewing of  cost accounting and cost audit is a new order from the Government. Cost accounting, through the determination and allocation of costs to various products, provides a valu

Posted in Students |   6033 Views


Wider Service Tax Net May Nip Hard

   13 February 2008 at 21:34

Wider Service Tax Net May Nip Hard The service tax net is likely to be stretched and  more items will be brought  under its ambit. Hotel room tariffs, domestic air travel (business class) and the premium on life insurance policies are

Posted in Income Tax |   3759 Views



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